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LDS church could offer 401Ks with tithing—or not.
Ruling in favor of The Church of Jesus Christ of Latter-day Saints in a lawsuit brought by disaffected members, a federal court recently ordered that the church can use tithing anyway it wants. Its investment portfolio is reportedly worth some $100 billion.
Ruling in favor of The Church of Jesus Christ of Latter-day Saints in a lawsuit brought by disaffected members, a federal court recently ordered that the church can use tithing anyway it wants. Its investment portfolio is reportedly worth some $100 billion. As the stock and bond markets shudder and convulse, church leaders might consider launching 401K plans for faithful members—according to a source known only as Deep Throat, who hooked up with Smart Bomb staffers in the underground parking lot at Temple Square.
The proposal, which may be in the hands of the Lord by now, would allow Mormons…
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